Ovintiv (OVV) Tax Rate (2018 - 2026)
Ovintiv (OVV) recorded quarterly Tax Rate of 1.57% in Q1 2026, up 98.95% quarter-over-quarter from 149.19% in Q4 2025, and up 2071.0% on a YoY basis from 0.07% in Q1 2025.
Ovintiv (OVV) Tax Rate (2018 - 2026) Analysis & Trends
Ovintiv's Tax Rate history runs 9 years deep, the most recent figure standing at 1.57% for Q1 2026.
- In Q1 2026, Tax Rate rose 2071.0% year-over-year to 1.57%; the TTM figure through Mar 2026 stood at 369.12% (down 38473.0% YoY), while the FY2025 annual figure was 61.3%, down 6737.0% from the prior year.
- Tax Rate was 1.57% for Q1 2026 at Ovintiv, up from 149.19% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 23.11% in Q2 2023 to a low of 149.19% in Q4 2025.
- Historically, Tax Rate has averaged 4.62% across 5 years, with a median of 6.52% in 2025.
- The sharpest annual moves came in 2022 and 2025: Tax Rate soared 11933 bps in 2022, then slumped 15216 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 12.43% in 2022, then surged by 175 bps to 9.37% in 2023, then slumped by 68 bps to 2.97% in 2024, then sank by 5123 bps to 149.19% in 2025, then soared by 99 bps to 1.57% in 2026.
- The last three Tax Rate figures came in at 1.57% (Q1 2026), 149.19% (Q4 2025), and 7.29% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 32.08% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 35.09% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 22.50% |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 39.49% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 18.18% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | -24.95% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 21.81% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 41.73% |
| 10 | Ovintiv | 15.16 Bn | 15.16 Bn | 2.35 Bn | -1.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.57% |
| Mar 31, 2026 | -1.57% |
| Dec 31, 2025 | -149.19% |
| Dec 31, 2025 | -149.19% |
| Sep 30, 2025 | 7.29% |
| Sep 30, 2025 | 7.29% |
| Jun 30, 2025 | 6.52% |
| Jun 30, 2025 | 6.52% |
| Mar 31, 2025 | -22.28% |
| Mar 31, 2025 | -22.28% |
| Dec 31, 2024 | 2.97% |
| Dec 31, 2024 | 2.97% |
| Sep 30, 2024 | 9.14% |
| Sep 30, 2024 | 9.14% |
| Jun 30, 2024 | 4.94% |
| Jun 30, 2024 | 4.94% |
| Mar 31, 2024 | 7.48% |
| Mar 31, 2024 | 7.48% |
| Dec 31, 2023 | 9.37% |
| Dec 31, 2023 | 9.37% |